#. Nifty closed on a slight bull note at 8,273.05 UP +6.60 (0.08%) made high 8,288.90 of and low of 8,252.05.So today for intraday on upside resistance are at 8298 and 8333 level .On downside be alert below 8231 and avoid all intraday longs below 8212 level .
#. In the derivative market, FII’s sold -203.59 crores of Index futures and bought 1500.68 crores worth of Index options. In the Stock futures segment, FII’s bought 61.9001 crores worth of stock futures and sold -65.3499 crores of stock options.
#. As fund flow FII’s and proprietary’s both having mixed view in Nifty future so caution as market will be more volatile.There is no weakness in global markets and all the major indices are holding bull run.
Intraday NIFTY view:
We are Bullish on NIFTY but suggest you please book profit every level.. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8318 BULL R3 8302 UP BREAKOUT R2 8295 UP CAUTION R1 8291 SELL PIVOT 8271 S1 8255 BUY S2 8251 DOWN CAUTION S3 8245 DOWN BREAK OUT S4 8228 BEAR
8,309.00 UP +25.00 ( +0.30%)
FII Activity on nifty future:
Index Futures: -203.59 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: +3760.41 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal